Scb X Pcl
SCB X PCL, officially known as Siam Commercial Bank X Public Company Limited, is a prominent financial institution headquartered in Thailand. Established in 1907, SCB X has evolved into a leading player in the banking and financial services industry, with a strong presence across Southeast Asia. The company offers a diverse range of services, including retail banking, corporate banking, and wealth management, distinguished by its innovative digital solutions. SCB X is recognised for its commitment to customer-centric services and technological advancements, positioning itself as a pioneer in the region. With a robust market position, SCB X has achieved significant milestones, including numerous awards for excellence in banking services. Its focus on sustainability and digital transformation continues to drive its growth and enhance its reputation in the competitive financial landscape.
DitchCarbon Score
How does Scb X Pcl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Scb X Pcl's score of 68 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Scb X Pcl's reported carbon emissions
In 2024, SCB X Public Company Limited reported total carbon emissions of approximately 127,570,000 kg CO2e for Scope 1, 40,660,000 kg CO2e for Scope 2 (market-based), and 28,695,000 kg CO2e for Scope 3 emissions, which include significant contributions from purchased goods and services (28,695,000 kg CO2e) and employee commuting (703,000 kg CO2e). The previous year, 2023, saw emissions of about 115,180,000 kg CO2e for Scope 1, 51,629,000 kg CO2e for Scope 2 (market-based), and 30,061,000 kg CO2e for Scope 3. SCB X has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2023 baseline. This target is part of their broader net-zero strategy, which encompasses all scopes of emissions. The company is committed to measuring and reducing its Scope 3 emissions as well. The organisation's climate targets are aligned with the Science Based Targets initiative (SBTi), which confirms that their emissions reduction goals are consistent with limiting global warming to 1.5°C. SCB X's portfolio targets cover 20% of its total investment and lending by total assets as of 2021, with required activities making up 25% of this total. Overall, SCB X Public Company Limited is actively working towards significant emissions reductions and has established a framework for ongoing climate action, reflecting its commitment to sustainability and environmental responsibility.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 8,039,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 42,430,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Scb X Pcl is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
